Speculation at its finest here folks. AMD announces earnings tomorrow, had a bearish beatdown over the past month, has strangely traded upward this week, like a cat sneaking up on a mouse.
I got long and strong AMD today. I see it going to $9 with at least a 50% probability, and barring the whole market going materially lower I don't see it south of $5. It's just math, don't take it personally.
Updated 4 hours later: Intel Posts Record Sales, earns normalized 0.59 per share vs 0.51 analyst estimates
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